Finance

Growing reserves spurred a two-notch Moody's upgrade for Burlington — another milestone in the city’s fiscal turnaround from a failed municipal-owned broadband.

The unrated 40-year bond issue was marketed to sophisticated institutional buyers familiar with the legal dispute between MEAG and Florida's JEA.

Facing Gov. Mike Dunleavy's 40% cut in state funding, the regents passed a measure allowing it to lay off tenured professors and close campuses.

The two suburban affordable housing portfolios are owned by the Ohio-based Better Housing Foundation.

The suit is "a policy paper masquerading as a complaint," the state says, but it may still push up Illinois' borrowing costs while it is active.

Investor demand for New York City bonds allowed underwriters to move the sale up by a day.

As summer sizzles, this week’s hottest deals can be found in the municipal bond market.

Two reports from House staff and the Government Accountability Office paint an unflattering portrait of the executive branch's administration of grant programs that benefit bond issuers.

Munis are expected to attract inflows for another week. After that the ball's in the Federal Open Market Committee's court.

The Louisiana State Bond Commission unlawfully banned two banks from underwriting bond deals because of their corporate gun policies, the lawsuit said.

Record inflows of cash to municipal-bond mutual funds coupled with the drop in tax-exempt yields has helped fuel the number of deals in more default prone sectors.

Investors are also facing the imbalance of summer reinvestment season and the typical mid-year volume deceleration in July and August.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.

Brown left city government at the end of Rahm Emanuel's administration.

Peter Delahunt, manager of municipal trading at Raymond James, says the market is directed by retail demand, the Fed, tweets, tariff discussions and compliance. Transparency has improved and volume will remain relatively flat except for an acceleration in current refunding activity. John Hallacy hosts.

Municipal bond buyers saw some big note and bond deals hit the market on Wednesday, led by issuers in Georgia and Colorado.

Veteran-owned Academy Securities has hired Chicago-based public finance banker James Carter

A judge ruled the Miami-Dade County Expressway Authority can still write checks even though it was abolished in a bill signed July 3 by Gov. Ron DeSantis.

Registered advisory firm Dale Scott & Co. will pay $25,000, and one firm and one individual each will pay $10,000 for acting as unregistered solicitors.

The muni market started the week hitting the ground running as the second biggest deal of the week priced along with a few others on what was a active Tuesday.